ERC Survey 2008
In the September issue of Mobility Magazine, ERC publishes the results of its latest relocation trends survey . No real surprises here. According to the survey, relocation volume is down slightly from 2007 and costs are up about 20% since 2006. Employee reluctance to relocate is primarily related to finances with large numbers citing a weak housing market. Companies have reacted by making changes to their relocation policies, often with the goal of preventing increased inventory from home sale programs.
With few exceptions, real estate markets nationwide continue to show little sign of improvement and these trends are likely to persist in the near future.
PS
August 29, 2008
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